A letter from California Congresswoman Jackie Speier to Air Force Secretary Deborah James demandes to know why the program cost for the Long-Range Strike Bomber (LRS-B), or B-3, has jumped 76% in…
U.S. Air ForceThe U.S. Air Force Air Combat Command (ACC) last week released its 2015 strategy review, “Securing the High Ground,” primarily a guide for updating and modernizing the existing fleet. Near…
ThinkstockU.S. spending on national defense is tightening, but it is still a vast sum. Depending on what is counted, the grand total including items for retirement benefits, the Department of Homeland Security,…
The U.S. Department of Defense and the U.S. Air Force have announced a multiple-award contract with a ceiling of nearly $21 billion for Air Force Training Systems.
In order to make money you have to spend money. Among those who live by those words are defense contractors.
U.S. Air ForceNorthrop Grumman Corp. (NYSE: NOC) released its second-quarter earnings report Wednesday before the markets opened. The company had $2.74 in earnings per share (EPS) on $5.90 billion in revenue compared…
Chris Lange The U.S. Air Force wants to retire the A-10, aka the Warthog, and move the maintenance crews to the anointed successor F-35. The GAO is not convinced.
According to the Federal Procurement Data System, the top 10 federal contractors in fiscal year 2014 raked about half of all dollars awarded.
Defense contractors General Dynamics and Northrop Grumman both reported first-quarter results before markets opened on Wednesday.
The Air Force needs to come up with a fleet of 350 new trainers at a time when the U.S. defense budget is under pressure both from lower appropriations and sequestration.
The Moody’s Investors Service outlook on the global aerospace and defense industry for the next year to 18 months is stable, but some factors could change that outlook to negative.
A new research report from Deutsche Bank raises price targets on four top defense stocks, and the firm also remains bullish on defense spending.
Worldwide military expenditure shrunk in 2013 for the second consecutive year, falling by 1.9% to $1.75 trillion. The 100 largest arms-producers sold a combined $402 billion worth of arms and military services in 2013,…
Several dividend hikes and stock buybacks in November and December have been simply too big to ignore.
24/7 Wall St. has seen some dramatic news for the start of December when it comes to higher dividends and large stock buyback announcements.
